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office space
Your El Paso office space guide by Search Office Space
El Paso Office Space
El Paso, Texas sits in a unique point at the intersection of three states and two countries who share a history that dates back to the Spanish colonization of the Americas. El Paso's location in Texas places the city in immediate proximity to the Ciudad Juarez, Mexico and near the city of Las Cruces, New Mexico. El Paso's Mexican twin city, Ciudad Juarez, which is one of the most populous cities in Mexico. Combined, El Paso and Ciudad Juarez make up one of the largest international metroplexes in the world. El Paso is also strategically located along Interstate 10 which runs east and west across the United States and the northbound US Highway 54.
Spanish explorer Don Juan de Onate first governed what is now modern day El Paso under authority granted by King Phillip II in 1598. However, the area did not develop until the late 19th century when the railroad expanded into the western United States. Since then, El Paso has developed into an important trade and manufacturing hub between Mexico and the United States. In addition, the United States Army maintains its air defense headquarters in Fort Bliss, inside El Paso. Additional defense industry presence in El Paso includes military training and missile testing facilities at Biggs Airfield, McGregor Range, and White Sands Missile Range.
The commercial office space market in El Paso shows a wide disparity between downtown and suburban office space. Vacancy rates for office rentals in downtown El Paso are estimated at 30% for Class A space which is keeping prices for executive suites low. Suburban commercial office space in El Paso is estimated to be 8% for new construction and 15% for Class A office rentals. The demand for shared office space in El Paso is relatively higher with shared executive suites and individual work stations ranging from $80 to $550 per month depending on what amenities are needed.
The top business center operators in the El Paso market include Intelligent Office and Target Offices. Their facilities are newer than the established centers and can more easily accommodate clients with varying levels of needs from phone answering to full office rentals.
